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Start learning 50% faster. Sign in nowLet the cost price and marked price of the article be Rs. 8x and Rs. 13x, respectively Therefore, selling price of the article = 1.25 × 8x = Rs. 10x According to the question, 13x – 10x = 600 Or, x = 600/3 = 200 Therefore, amount by which article is marked up above its cost price = 13x – 8x = 5x = Rs. 1000
On Jan 1, 2017 the position of V. Mathur was as follows:
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Which of the following is not a principle of management as suggested by Fayol?
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The expired portion of capital expenditure is shown in the financial statements as:
The decisions which are concerned with analysing the risks and rewards of equity and debt and raising money through them is known as:
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Which of the following statements regarding an auditor's responsibilities is FALSE?
ICDS IV primarily deals with which aspect of financial reporting.
Bank A/c is generally maintained in the ___?